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Big Rangers Administration/Liquidation Thread - All chat here!


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she can wear what she likes.........it's the donkey I'm concerned for ! tongue.gif

A donkey wouldnae touch the sides in that horror ;)

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Just in on SSN - Green going mental about Dave King :lol:

Jim Whyte looks all sad :(

I bet Jim White feels like he's been fucked by a train with this whole saga ! laugh.gif

Someones got to release a DVD of all Jim's RFC Admin/Liquidation announcements ? TV Gold biggrin.gif

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Best case scenario: this whole fucking charade descends into a very public slagging match between shady directors/suitors as liquidation falls into place and no get out. All to a Blue Oyster Cult soundtrack.

post-11491-70861_thumb.png

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My boy is dead keen on a jelly and ice cream party and fully understands the reasons. However we have a problem in that I don't like ice cream but the wee fella is refusing to trade me his jelly for my ice cream. He says that on this special occasion I've just got to eat the ice cream! I've told him he's not a fit and proper person to tell me when I have to eat ice cream, he just laughs and says its worth it if Rangers are dead. Now is that fair?

I am sorry but I cannot concern myself with deciding on who is a fit and proper person to decide who should eat ice cream, the procedure to be followed now is that the person in control of the scoop should certify that the person receiving the bowl is fit and proper.

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We are presently seeing the incessant buzzing of a bluebottle on its back prior to death. It makes a lot of noise and may occasionally get up and fly around bashing into things but we all know it is in its final moments of life. The end is nigh.

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Thu, Jun 7, 2012

Tweet CHARLES GREEN - who is leading a consortium acquiring Rangers - and club administrators Duff and Phelps have reacted to allegations made by Dave King today.

Mr Green said: "Mr King's statement is breathtaking in its arrogance and is destructive to the interests of the club.

"My consortium tabled an offer, which was accepted by the administrators as the best offer for the club and its creditors and substantial sums of money have already been paid to the administrators.

"Provision has been made for working capital that does not rely on season ticket sales any more than would be part of normal operations at the club. To suggest otherwise is scurrilous and scaremongering.

"I would question Mr King's motives in urging the rejection of the CVA proposal which is the best offer available to creditors, particularly since he made no mention of this or any other issue when I spoke to him on the phone in South Africa last Friday.

"If the CVA is rejected then the club will be acquired on a newco basis which will not benefit creditors, nor will it benefit the club in terms of participation in Europe.

"In one week's time, we hope the CVA proposal will be approved by creditors and that will be an important milestone for the rebuilding of the club.

"It is also absurd to suggest I have not been communicating with fans. Only yesterday I had a constructive and progressive meeting with fans representatives which was one of many I have had over the last few weeks and there will be continuing dialogue with them. The fans will be kept informed at every stage of this process.

"People such as Mr King who, as I understand was not in a position to make a bid for the club, need to accept the realities of the situation and move on rather than continue to snipe from the sidelines."

Paul Clark, Joint Administrator, added: "I find Mr King's remarks disappointing and misleading.

"As he should know more than most, all shareholders, as well as creditors, have received access to the CVA proposals and all relevant information has been made public on the Rangers website.

"Mr King should also know, that immediately after the conclusion of next week's creditors meeting, a shareholders meeting will be convened.

"Mr Green, as the new legal owner of Mr Whyte's shares, will vote in favour of the approval of the CVA should that be the outcome of the creditors meeting.

"Mr King refers to a claim against the club. We have received a letter of claim from Mr King's solicitors which contains a number of broad and unsupported allegations concerning matters which took place some 10 years ago.

"The claims raised are neither accepted by the club nor have they been adjudicated by a court. We have written to his solicitors to ask them to provide evidence to support the claim, as all creditors are required to do.

!As a result, Mr King's suggestion that his representations have been ignored is entirely unfounded.

"If Mr King feels he has a claim against Mr Whyte or Mr Murray, then that is a matter for him and not a concern of the Administrators.

"The CVA proposal is completely transparent and gives detailed information as to different outcomes such as a newco or dissolution of the company.

"It is a comprehensive document and there have been no issues raised about its content by significant stakeholders and creditors.

"Mr King should also note that Duff and Phelps meet the Rangers Fans Fighting Fund on a weekly basis and will continue to do so."

From the RFC official website :lol:

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Best case scenario: this whole fucking charade descends into a very public slagging match between shady directors/suitors as liquidation falls into place and no get out. All to a Blue Oyster Cult soundtrack.

divide & rule my friend, divide & rule biggrin.gif

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Best case scenario: this whole fucking charade descends into a very public slagging match between shady directors/suitors as liquidation falls into place and no get out. All to a Blue Oyster Cult soundtrack.

your pic of Lomas- he looks like an onion !!!!laugh.giflaugh.giflaugh.gif

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Best case scenario: this whole fucking charade descends into a very public slagging match between shady directors/suitors as liquidation falls into place and no get out. All to a Blue Oyster Cult soundtrack.

This one will do the trick!!!

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